RHB Bank to Expand Financial growth Within South East Asia
RHB is today among the largest bank with integrated financial services in Malaysia. While they plan to further expand its market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam, and several other countries within the SEA. Realizing that the most efficient way to compete is by giving extra value to the consumers, rhb bank has started offering multiple banking facilities to both individuals and organizations.
By far the most common yet fundamental services provided to individuals are deposit account and self-banking services. With competitive interest rate and accessibility of Automated Teller Machine & Cash Deposit Machine in the branches along with other strategic locations everywhere in Malaysia, customers can also enjoy maximum savings return while at the same time connect to their bank account for deposit and withdrawal easily anytime.
In addition to that, RHB also adopts digital transformation and has now observed that it brought about rising demand from customers for credit cards. As studies have shown that more and more people usually tend to shop and perform online transactions nowadays, RHB Bank also has made it possible for consumers to apply for credit cards online. The Bank is more comfortable with its offering that they even urge prospects to study credit card interest rates before making any commitment.
Feeling the importance to close the gap between supply and demand, RHB Bank goes the extra mile and also has begun offering credit card services with a multitude of benefits as compared to the other banks, including cashback reward for cardholders as they start to purchase more using a credit card.
RHB understands that individuals need more than only savings accounts and credit cards. When purchasing assets such as cars & homes, many people seem to have been experiencing struggles to get their personal loan approved. Subsequently, RHB improvised their personal banking services which offer very low interest for a broad range of loans. What is more, unit trust, insurance, and personal financial investment might also be made with the Bank.
For companies, RHB Bank can give an extraordinary banking solution. Application for business loans and also corporate and investment banking are some of the various kinds of services available. For interested partners, the might also sign up for the Bank’s asset management services.
These types of services are especially helpful for small-medium enterprises, as lots of types of services including loans can be made to gain more capital in their businesses. For e-commerce businesses, retails solutions would definitely be the most innovative and beneficial services they’ll be able to subscribe to.
Nonetheless, RHB Bank still keeps its interest in the highly-demanded Islamic banking facilities. This type of service is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is made available upon demand by either individuals or organizations.
In 2016, the Bank was able to increase the growth of its annual brand value by 24%, which automatically makes them the fourth fastest-growing banking industry player in Malaysia. While they anticipate the upcoming year’s financial market potential, RHB Bank has started strategizing to form more generative campaigns in the coming years.